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    81 Vandalia Avenue

    Asheville, NC 28806
    • $574,900
    • STATUS: Active Under Contract
    • ON SITE: 43 Days
    • ID#: 3780907
    Under Contract
    UPDATED: 61 min ago
    $574,900
    • 4
      BEDS
    • 0.17
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 2,227
      SQFT
    • $258
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1968
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    Offered by Town And Mountain Realty. Copyright 2021 Canopy MLS. All rights reserved.

    Description

    Excellent investment opportunity that immediately cash flows with 20% down. Make it your primary residence and pay your mortgage with ADU and increased cash flow of a short-term rental of basement apartment (pending city permit approval). Main level boasts 2 bedroom, 1 bath unit with very nice full, eat-in kitchen, a large living room, big back deck, and covered front porch. Lower level unit is 1 bedroom, 1 bath with nice living room and full eat-in kitchen. These units share full laundry. Separate ADU/apartment boasts 1 bedroom, 1 bath and an open kitchen/dining/living room with a large covered porch. All utilities shared except the ADU has separate electric meter. Off street parking for all units. Driveway at front of main level. Driveway around back for lower level and ADU. Plenty of on street parking for guests. Perfectly located in West AVL. No vacancies. Current long term tenants with month to month leases and rent rates well below market value, yet still total over $3,000/month.

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    Based on information submitted to the MLS GRID as of 2021-10-15T17:34:02.123 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Burton Real Estate Group | Coldwell Bank Residential Brokerage nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2021 Canopy MLS.

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    81 Vandalia Avenue Asheville, NC 28806

    • Price: $574,900
    • Status: Active Under Contract
    • Updated: 61 min ago
    • ID#: 3780907
    4
    Beds
    3
    Baths
    0
    ½ Baths
    0.17
    Acres
    2,227
    SQFT
    $258
    $/SQFT
    1968
    Built
    Neighborhood:
    West Asheville
    County:
    Buncombe
    Area:
    Asheville
    Elementary School:
    Asheville City
    Middle School:
    Asheville
    High School:
    Asheville
    Property Description
    Excellent investment opportunity that immediately cash flows with 20% down. Make it your primary residence and pay your mortgage with ADU and increased cash flow of a short-term rental of basement apartment (pending city permit approval). Main level boasts 2 bedroom, 1 bath unit with very nice full, eat-in kitchen, a large living room, big back deck, and covered front porch. Lower level unit is 1 bedroom, 1 bath with nice living room and full eat-in kitchen. These units share full laundry. Separate ADU/apartment boasts 1 bedroom, 1 bath and an open kitchen/dining/living room with a large covered porch. All utilities shared except the ADU has separate electric meter. Off street parking for all units. Driveway at front of main level. Driveway around back for lower level and ADU. Plenty of on street parking for guests. Perfectly located in West AVL. No vacancies. Current long term tenants with month to month leases and rent rates well below market value, yet still total over $3,000/month.
    Exterior Features

    Architectural Style Ranch Construction Materials Brick PartialHardboard SidingWood Siding Construction Type Site Built Foundation Details Basement Inside EntranceBasement Outside EntranceBasement Partially FinishedPier & Beam Garage Square Footage 0 Lot Features LevelSloped Main Level Garage YN No Parking Features Driveway Parking Total 4 Porch BackCoveredDeckFront Road Responsibility Public Maintained Road Road Surface Type AsphaltGravel Structure Type Triplex

    Interior Features

    Appliances Cable PrewireCeiling Fan(S)DishwasherDryerElectric OvenElectric RangeRefrigeratorWasher Below Grade Finished Area 768 Building Area Total 2227 Fireplace YN No Flooring TileWood Heating Gas Hot Air FurnaceRadiant Laundry Features In BasementLaundry Room Sq Ft Unheated Basement 230 Water Heater Electric

    Property Features

    Assumable YN No CCRSubject To No Community Features Street Lights Elevation 2000 Hoa Subject To None HOASubject To Dues No Listing Agreement Exclusive Right To Sell Listing Terms CashConventional New Construction YN No Number Of Units Total 3 Pets Allowed Yes Property Sub Type Multi-Family Sewer Public Sewer Special Listing Conditions None Tenant Pays All Utilities Water Source Public Zoning Description Rm8



    Based on information submitted to the MLS GRID as of 2021-10-15T17:34:02.123 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Burton Real Estate Group | Coldwell Bank Residential Brokerage nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2021 Canopy MLS.

    Digital Millennium Copyright Act
     
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    Burton Real Estate Group | Coldwell Bank Residential Brokerage
    2166 Mana Court
    Rock Hill SC, 29730
    Offered by Town And Mountain Realty. Copyright 2021 Canopy MLS. All rights reserved.